From the fruit to the Chipto .. How has the form of Eid changed in the Arab world?

The young girl, Nada Mohamed, eight -year, woke up early. She wore her new clothes, which she sat on her side and pillow last night, and she was carefully wrapped in her brothers, and then she was caught waiting for her eagerness in her role in getting the Eid out of the big family, in a very inherited tradition. Fendy, like millions of children in the Arab world, eagerly awaits Eid to get Eid on every Eid al -Fitr and Eid. Parents usually respond to this holiday for the other children, in a tradition that emphasizes the movement of money during certain seasons. Al -Aayda has adopted many forms all over the world and has developed rapidly in recent years. In light of the technological development, modern methods of providing Eid have emerged through banking solutions and digital applications that can easily be transmitted quickly, quickly and safely. Recently, some Western countries have made use of the provision of Eid in the form of encrypted currencies in the seasons of the new year, Christmas and other holidays, which we can soon see in our Arab world, thanks to the spread of these currencies, and the payment of their use in increasing places is possible, in addition to increasing their value. Given the importance of this popular ritual, Arabic banks are preparing to increase the demand for cash withdrawals, to acquire what is known to people as ‘the festival of the festival’, with the aim of equipping and distributing Eid. The economic cycle behind the Eid with each bank note is offered as a holiday, whether for a small child, from a man to his wife, or from the main family for younger youth, or even from employers for their workers, the money moves in an exchange circle and consumption that is reflected directly on the markets and commercial activities. The demand for replacing old money with new money by banks in Saudi Arabia, Kuwait, Egypt and other Arab countries is also increasing. New and clean banknotes have a special brilliance until the replacement of old money with a new imitation has become a firm tradition. In accordance with this seasonal demand, some central banks in the Arab countries allocate automatic ATMs to provide new banknotes, and pump extra amounts of small groups to meet customers’ needs. In Qatar, for example, the Qatar Central Bank launched the ‘Victory of the Eid’ initiative as it offers automatic ATMs to extract small cash groups from 5, 10, 50 and 100 Qatari -Riyals, spread in a number of regions. These automatic ATMs recorded a record question to Eid Al -Fitr 2025, with the value of the withdrawals about 182 million Qatari Riyals (about $ 50 million), according to the central bank. In Egypt, the new cash can be paid out of any branch of the banks according to the instructions of the Central Bank, but with certain conditions, where priority is granted to clients who have bank accounts, enabling them to obtain more amounts, while some banks agree to exchange limited amounts to do not exchange officers, and the cash in each branch, and the cash, Bank account is, as well as the bag account, as the cash, and it is a customer, and it is an amount, and it depends on the kind of its bank account, as well as the cash share, and it is dependent. Try to spread the new money fairly to ensure the benefit of the largest possible number of customers. Although al -Aida different types of gift cards, games, clothing, jewelry, etc. Take, the financial Eid remains a distinctive character. As a poll conducted in 2023 by the “YouGov” website, it showed that about half of the people questioned in Saudi Arabia, and preferred the UAE to provide and receive cash gifts for the opportunity for the festival. Digital transfer of activities at the festival with the development of banking, it is possible to transfer EID safely and easily thanks to the immediate conversion applications and electronic portfolios that led to the emergence of “Digital Eid”. In the UAE, local media reports indicated a 50% increase in financial transfers by digital applications during the last Eid Al -Fitr period, especially with a large number of residents of money send their families abroad. These applications have seen a wide distribution during the pandemic period, as it has easily enabled the conversion of Eid, while maintaining the limitations of social spacing. Do you become a crypto? In light of the accelerated digital transformation and the expansion of the use of encrypted currencies, the talk began to take Eid as a new character, such as replacing paper criticism with Eid in the form of encrypted currencies. Instead of providing a wrapped with a handful of cash, part of the “Bitcoin” currency or other encrypted assets can be offered as a symbolic gift that carries a continuity of an old tradition and an investment opportunity at the same time. The United States was witness to a remarkable increase in Christmas 2024 season, in demand for gifts in the form of encrypted currencies, and many encrypted currency trading platforms provide the services to provide gerpto gifts comfortably, either by digital gift cards or direct conversion. The UAE is one of the leading countries in the acceptance of cryptocurrencies, and according to Statista data, the percentage of cryptocurrencies in the Emirates is expected to reach 32.74% of the country’s population during the year 2025. Saudi Arabia will record rapid growth in this field. Some encrypted currency companies expect the infection of Western countries to move to their Arab counterpart, so that the holiday will be in the form of crypto with the penetration of the digital economy in the region. What is the effect of Eid on the economic movement? Eidia contributes to the stimulation of the economic movement during the holidays, as it is considered one of the temporary factors that increase local consumption. Eid spending is often aimed at buying games, sweets, clothing and electronics, in addition to increasing demand for recreational activities such as visiting cabarets, theaters and restaurants, which are directly reflected on the wealth of commercial movement and the revival of these economic sectors during the Eid days. Al -Ida also offers an opportunity to teach children the principles of financial management at an early age, because it gives them a direct experience with money, helping them to save and make small decisions that improve them with a sense of balance and responsibility. Parents can invest this opportunity to encourage the child to divide the Eid into parts: a part of the savings, another for purchase and a third for giving, which at the same time determines the values ​​of generosity and financial discipline. On a psychological level, Eid al -Aidah gives the child a sense of appreciation and independence, and increases his confidence when he gets the freedom of disposal of his own amount. Some banks also offer child accounts, allowing them to save their holidays and develop their financial awareness from an early age. Social variations in light of the different living conditions between families appear in the value of Eid, which can sometimes increase feelings of comparison or embarrassment in children when they know what their friends from school colleagues or family members have acquired. In this context, the role of parents in providing balanced vacations characterized by symbolism is more than the value, and to educate children that Eid is not a measure of status or the amount of love, but rather a simple expression of kindness, participation and collective joy in the festival.